Bangladesh will not import rice over the next six months to June 2012 because it has bulging domestic stocks and procurement at home is rising, thanks to successive record crops, a senior procurement official said on Wednesday.
Although Bangladesh is the world's fourth biggest rice producer, with average annual output of 33 million tonnes, it emerged as a major importer early this year, doing several government-to-government deals with Vietnam and Thailand, the world's top two exporters of the grain.